Last year, former chairman of the Global Organisation for EPA and DHA Omega-3s (GOED) and strategic business development executive at Norwegian omega-3 supplier EPAX, Baldur Hjaltason, observed: “The main fisheries in Morocco and Peru are near capacity, so you have to ask the question: Where is the omega-3 going to come from if it keeps growing as it forecast to?”

He added: “…the industry has a problem it needs to tackle now.”

Limited stock

The Peruvian anchovy fishery supplies about 70% of the world’s omega-3 market that is being sourced for an increasing array of reasons, something DSM acknowledged.

“There is very limited stock globally while the demand continues to increase from all market sectors such as Aquaculture, Animal Feed, Pharmaceuticals and Human Nutrition,” it said.

DSM became the world’s biggest fish oil supplier after acquiring Ocean Nutrition Canada for €430m in the middle of last year. In 2010 it paid about €830m for the world’s leading algae-sourced omega-3 supplier, Martek Biosciences.

Andrew Mallison, director general of the International Fishmeal and Fish Oil Organisation (IFFO) says a recently agreed ban on discarded fish from European Union fisheries could be a source of omega-3.

“The high level of thrown away fish is an unintended consequence of the EU quota system where by law you couldn’t land other fish. But that system is being reformed and offers a lot of potential if managed correctly,” Mallison said.

The European Commission has said something like 23% of total catches are thrown away in some European fisheries.

GOED executive director Adam Ismail told us recently almost no omega-3s are sourced from European fisheries.

Packaged Facts estimates the global market for human use omega-3 products at €25.88bn in 2016, up from €18.95bn in 2011.

Your copy-wrong approach

Dear website managers,

Your disabling the copy function on your website, in the name of copyright protection, may be well-intentioned, but it produces no other result but annoying (and alienating) you visitors. If one wants to copy your content, there are several easy ways to do it, in spite of your code tweaking. At the same time, when I want to highlight a string, something like "Global Organisation for EPA and DHA Omega-3s", so that I can google it and see your STUPID, ANNOYING lecture on copy-rights and wrongs, it makes me less likely to come back to your site again. Something you may want to consider.

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